The Best Thing to Share with Your Family on Thanksgiving

Sitting at the Thanksgiving table, your cousin remarks that her credit card was stolen in their data breach and was used to shopping during Black Friday last year. You quickly say, “That wouldn’t have happened if you used Bitcoin,” which leads to an awkward silence. “Isn’t that what people use to buy illegal drugs?” your cousin finally asks, while your other relatives nod their heads. At this Thanksgiving Day, it’s time to share the true meaning of cryptocurrency.

The first thing to do is to compare the cryptocurrency to cash. Remind your cousin that when she pays with cash, she doesn’t have to give away any of her personal details unless the purchase requires it, and more importantly, the merchant has no access to get more of her money than what she gave him. Similarly, cryptocurrency works the same way in the digital realm. Therefore, cryptocurrency payment is also less open to fraud and theft comparing to credit card.

How to make profits with cryptocurrency

What’s more, you can also make profits in crypto trading. In spot trades, investors buy cryptocurrencies like bitcoins and make a profit when BTC rise in price. But there are more opportunities to profit in another way: futures trading.

Compared to spot trades, futures trading enables investors to make a profit on both the upward and downward of the price trend. In other words, you can speculate on both BTC rising or falling. As long as you chose the right BTC trend direction, you are likely to earn money. Besides, futures trading is also called leverage trading, which means you can borrow X times the number of your assets from the exchanges and profit on a bigger scale if the market moves in the selected direction.

Bexplus is one of the most popular and reliable cryptocurrency futures exchange in the world and has offices in Singapore, Japan, US and Brazil and is constantly expanding worldwide. Bexplus provides BTC, ETH, LTC, EOS and XRP perpetual contracts for futures trading, and 100x leveraged profit model is also available on the platform.

Before Thanksgiving Day, Bexplus has prepared some special gifts for all users!!

Gift 1: All users can enjoy 50% service fees rebates for all trading pairs from 2019.11.22 to 2019.11.27 (UTC).

Gift 2: Only 1 day! On Nov. 28 Thanksgiving Day (UTC), all users can enjoy 100% service fees rebates for all trading pairs.

For example, User A traded on Bexplus during promotion 1 and the total service fees is 0.2 BTC, then User A will get 0.1 BTC rebates. User B traded on Bexplus on Thanksgiving Day and the total service fees is 0.5 BTC, then User B will get 0.5 BTC rebates. All rebates can be used to trade or withdraw.

How to Use Cryptocurrency Sports Betting

The advent of cryptocurrencies revolutionized virtually every industry, including online gambling. Although the cryptos were initially volatile and a reserve for high-risk takers and speculators, they have stabilized and are now trusted for everyday business transactions. For instance, unofficial statistics reveal that about 60% of bitcoin transactions are related to betting. However, what are the advantages and disadvantages of crypto sports betting? How do you bet with crypto? How do you choose the right cryptocurrency bookmaker? Here is everything you need to know about it and the best crypto sport betting bookmakers

Advantages of Bitcoin and Cryptocurrency Sports Betting

The anonymity of the user during wallet transfers and account creation among some bookmakers which shelters one from government bans on betting in some countries and some taxes

Higher betting limits due to the instability of bitcoin and other cryptocurrencies

Fast and easy deposits and withdrawals because it is decentralized cash with no intermediaries

Lower fees that are almost negligible as compared to other deposit and withdrawal options

Makes it possible for a user to exchange their crypto that may be or will be banned in their country

Accessibility of the bookmakers globally by surpassing local gambling laws

Lotto Nation is Revolutionizing the Traditional Lottery Industry

As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while. Many economists are wondering how the business landscape will look a year or more from now. It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn. But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt. Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer. One possible example of this is Lotto Nation. Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life. These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025. Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized. Because of…

Digital Money Defined and How it Works

The advancements in modern technology revolutionized the industry such that there emerged digital money. With digital money, international payments are made simpler. The exchange rates are also relatively inexpensive and you are guaranteed with secure payments.

But, What is Digital Money?

In a gist, digital money is an electronic form of payment. Unlike cash, it has no tangible form, and payments or exchanges transpire over computers. Cryptocurrencies such as Bitcoin, Ethereum, and Ripple, are examples of digital money. You can trade in Bitcoin, purchase Ethereum, or buy Ripplethrough several cryptocurrency exchange platforms. Most of these platforms are relatively easy to use and some even offer a direct link on your electronic wallet accounts.

How Does Digital Money Work?

Blockchain Network

Digital money is created, stored, and exchanged in its individual blockchain network. A blockchain is all about digital information stored in a public database. When a user requests for a transaction, the transaction is broadcast over a peer-to-peer (P2P) network that is composed of computers which are also referred to as nodes. The nodes are integrated with algorithms that can verify the validity of the transactions.

Once the transaction is verified, it is combined with other transactions, which eventually creates a new block of…